RE: Update8 Sep 2025 12:20
The next HEMO clinical result will be about how effective the dosing of the latest patient was. That is the third patient in the first of four planned cohorts in phase 1a of HEMO's CAR-T therapy, their first clinical candidate, HG-CT-1, for AML (a leukaemia). That Phase 1a trial is estimated to end in January 2027, so very early days.
HEMO's RSI went up to 97.76 last Tuesday (910p) and was fractionally over 70 at the end of the week (758p). As I write, the share price is currently 945p, so the RSI is again way north of 70.
I get that HEMO was severely undervalued (on the assumptions of clinical and commercial success) due to funding concerns and had been issuing shares and warrants in tranches to get that funding, which had depressed the share price, but are now flush with cash. I'm also aware that HEMO has other technologies, but that they are in very early stage developement. HEMO is a long way from having an approved product in what is not a massive market, albeit a market with a hodge-podge of therapies:
AI Overview: "...there are standards of therapy for Acute Myeloid Leukemia (AML), but treatment is not one-size-fits-all; it depends on factors like the patient's fitness for intensive treatment, the specific subtype and genetic mutations of the AML, and whether the disease is newly diagnosed, refractory, or recurrent. Standard approaches involve two phases—induction to achieve remission, followed by consolidation or maintenance therapy—and may include intensive chemotherapy, lower-intensity therapies (often for older or less fit patients), targeted therapies for specific mutations, and, in some cases, a stem cell transplant."
HEMO's CAR-T therapy targets a specific marker in AML, so it is a single target therapy, not a platform that in and of itself has wide application.
So am I missing something here? Maybe those who are invested there and here (I'll not say here and there!) can explain why HEMO's CAR-T tech is regarded as 'better', 'sexier' than Avacta's pre|CISION tech? Or is it just a case of newer must be 'better' and complex and unfathomable is 'sexier'? Genuinely interested